China Labels EU Probe Into JD.com Unlawful

China labels EU probe into JD.com unlawful

The Ministry of Justice on Wednesday said that the European Union's recent cross-border investigation into Chinese e-commerce giant JD.com under its Foreign Subsidies Regulation, has constituted unlawful extraterritorial jurisdiction. The EU announced in May that it had opened an investigation into JD.com's over its bid for major German electronics retail group Ceconomy. The EU probe demanded "extensive and unnecessary" information, the Ministry…

China blocks firms from aiding EU’s JD.com probe as regulatory clash deepens

Chinese justice and commerce ministries order the ban in a joint statement condemning ‘undue extraterritorial jurisdiction measures’.

China Criticizes EU Over Extraterritorial Reach in JD.com Probe

China criticized the European Union’s use of its Foreign Subsidies Regulation to probe JD.com Inc.’s planned €2.2 billion takeover of German electronics retailer Ceconomy, calling it an “improper extraterritorial jurisdiction” and prohibiting compliance with the measures.

China says EU probe into e-commerce giant JD.com unlawful

China orders entities not to assist EU's JD.com probe

EU cited concerns that JD.com might have received foreign subsidies that could distort the bloc’s market Read more at The Business Times.